Joshua Shapiro
Joshua Shapiro
basically continue disastrous fed interest last month mouth official opened saying unless
They are basically saying what every Fed official who has opened his mouth in the last month has said, ... The Fed is going to continue to nudge short-term interest rates, unless something disastrous happens.
closer consumer debate difficult mighty raise remains
It's mighty difficult the closer you get to the consumer to raise prices, and that remains the case. There is a big debate out there as to how long can this continue.
close coming data eye fed keeping wage
The Fed will be keeping a close eye on wage data in the coming months.
bad bonds good high maybe people solid
It was a good solid number, maybe not as high as some people were hoping, and not as bad as bonds had feared,
aggressive business consumer effort energy fail higher largely pass prices proves strapped
An aggressive effort by business to pass through higher energy prices will probably largely fail as an increasingly strapped consumer proves resistant.
expect focused language people rest surprise took update word
Everyone was so focused on the word 'measured' that they didn't expect them to update the rest of the language to be more aggressive, so that took people by surprise a little bit,
fed feeling improving labor march market months numbers people raise rates several start strong until wait
The Fed is not going to raise rates right away, even if the March numbers are really strong. They are going to wait until they get several months of very strong numbers, and for people to start really feeling that the labor market is improving before they raise rates.
fed inflation officials slowing sort sounds worried
It sounds like he's sort of reaffirming what a lot of the Fed officials have been saying, which is that they are more worried about inflation than slowing growth,
basis knew market stock virtually
It was 25 basis points, everyone knew that, and so there's virtually no stock market reaction,
doubt enticing function greater homes january mostly normal numbers record warm weather
The January blowout was no doubt mostly a function of record warm weather enticing shoppers out of their homes in much greater numbers than normal for the month.
basis currently demand fall high higher housing increase move remaining seeing seen starts today trend unable versus
While we have seen an increase today versus a forecasted decline, housing starts are currently doing on a trend basis what many have forecasted: remaining on a high plateau, unable to move higher but not seeing demand fall off enough to take starts lower.
consumers gallon gasoline places survey wonder
Well, with gasoline well over $3.00 a gallon in most places when this survey was conducted, it is little wonder that consumers were cranky,
comments concern continue core drift energy expect fed funds growth higher hit inflation next officials percent process quarter reach second suggest target temporary
We continue to expect the Fed funds target to reach 5 percent in the second quarter of next year, which is where we see the tightening process ending. Comments from Fed officials suggest that they expect only a temporary hit to growth from higher energy prices, while concern about a drift up in core inflation is increasing.
home pessimism reasonably reasons
There are reasonably deep-seated reasons for pessimism on the part of home builders.